Bank of China (03988) issues 40 billion yuan of total loss absorption capacity non-capital bonds

According to the Zhitong Finance App, the Bank of China (03988) issued an announcement. With the approval of the relevant regulatory authorities, the bank issued total loss absorption capacity non-capital bonds in the national interbank bond market on September 3, 2026, and completed the issuance on September 7, 2026. The total issuance scale of this issue is RMB 40 billion, including two varieties: Type 1 is RMB 20 billion, is a 4-year fixed rate bond, with a coupon interest rate of 1.69%, and conditional issuer redemption rights at the end of the 3rd year; Type 2 is an issuance scale of RMB 20 billion, which is a 6-year fixed interest rate bond, with a coupon interest rate of 1.79%, and conditional issuer redemption rights at the end of the 5th year. After deducting issuance fees, the funds raised in this issue will be used to enhance the bank's total loss absorption capacity in accordance with applicable laws and the approval of the competent authorities.